Devine Protocol
Devine Protocol is set to become the next Defi product launching on the SUI blockchain with its blockchain powered prediction market platform.
According to the litepaper, Devine Protocol's platform seeks to overcome the challenges long associated with both traditional and blockchain-based prediction markets, offering a streamlined alternative that promises lower fees, faster transactions, and greater market diversity.
Developers on SUI have emphasized that one of the key advantages of building on SUI lies in the network's scalable architecture, which allows the prediction market to accommodate large transaction volumes without sacrificing speed or escalating fees.
One interesting value proposition of Devine Protocol is that holders of 100,000 $DEVI Tokens (The Devine Protocol Utility Token) would have the opportunity to be able to create markets and earn a portion of the transaction fees. This feature on launch will catapult Devine Protocol to the forefront this coming SUI Defi bull run.
$DEVI has a total supply of 10 million with 20% of the total token supply allocated for the public presale, Devine Protocol ensures wide availability for interested participants looking to just hold or create a market. You can learn more about the $DEVI tokenomics here.
As confirmed by the Devine Team, the Initial UI Demo of the Devine platform will be available before the presale commences in the first week of February.
The upcoming demo is set to highlight several user-centric and intuitive designs, including a seamless onboarding process, near-instant settlement times, and flexible market-creation tools. By harnessing SUI's high throughput and low-latency capabilities, Devine Protocol ensures that participants can execute trades swiftly and efficiently, regardless of market activity levels.
The $DEVI token holds further utility in governance. Stakers can propose protocol improvements, vote on fee structures, and shape the broader evolution of the system. This decentralized governance model reflects Devine Protocol's commitment to ensuring user preferences guide its roadmap.
Interested early birds are encouraged to join the Devine Protocol community on Telegram and Discord for the latest updates and early Investors eager to secure an early stake in this blossoming venture can reach the team at team@devineprotocol.com.
Post-presale, the token will debut on Cetus, one of the most prominent decentralized exchanges on SUI, with additional plans to list on select centralized exchanges before the year's close.
About Devine Protocol
Devine Protocol is a next-generation prediction market platform built on the SUI blockchain. Through its seamless interface, low fees, and community-driven market creation, the project aims to usher in a new era of transparent, scalable, and rewarding forecasting in Web3.
Media Contact
Email: team@devineprotocol.com
Website: https://www.devineprotocol.com
X: https://x.com/devineprotocol
Telegram: https://t.me/devineprotocol
Blog: https://devineprotocol.medium.com/
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